Accor sees hotel recovery defying quake, unrest | reuters.com

Europe's largest hotel group Accor (ACCP.PA) said it expected demand for hotel rooms to continue growing despite unrest in the Middle East and Japan's earthquake, as it posted robust first-quarter sales. Accor, the world's fourth-largest hotel group behind the InterContinental (IHG.L), Marriott (MAR.N) and Starwood (HOT.N) chains, said hotel revenue rose across all categories in the quarter, mainly led by higher occupancy rates, and that this...